Page 122 - LCNL Diwali Magazine

RAGHUVANSHI 2023 - 2024 HAPPY DIWALI

Are you owed compensation as a result of financial

mis-selling?

ONE topic that has dominated the headlines in recent years is the mis-selling of financial products, such as
endowments, pensions and payment protection insurance (PPI).

But if you thought these are the only products that have been mis sold to the public, think again.
In fact it could be just about any financial product; policies sold for savings, for example for a future mortgage or
for your children, life cover sold to single persons, bonds or investments sold to the elderly, unit linked whole of life
plans sold to cover a loan or for inheritance tax planning, pension mortgages, risk based investments sold to people
with limited knowledge or experience; the list goes on.

Some of us will no doubt remember the sharp suited sales persons in the 80s and 90s visiting us at our homes and
recommending various policies and investments. Quite often the advisers had very little training coupled with
limited knowledge and experience and were thrust into the deep end of the sales environment. Many plans were
taken out because of the trust people had in the adviser who had been recommended by either family or friends.

Life Policy Reclaim Ltd has helped many clients to claim millions of pounds in compensation for mis-sold life
policies and investments of all kinds. And one of the most surprising aspects of this is that many of the people who
have received major pay outs did not even know that their policies or investments had been mis-sold. Since 2007 we
have helped many people in the Gujarati community rightfully claim the compensation due to them.
We’ve recovered millions of pounds in compensation from companies such as Abbey Life, St James’s Place,
Santander, Zurich, Lincoln Financial, MI Group, Sun Life Financial of Canada, Canada Life, Windsor Life and
many other companies (there are simply too many to list).

It doesn’t matter whether the policy has already matured or been surrendered; compensation could still be payable
and in many cases can be a significant amount with interest mounting up over the years.”
Operations Director Mr Chokshi explained that ‘While a lot of people will have had a feeling that their policy or
investment isn’t really what they needed, more often than not, they have no idea’. “Not only do most people not
know they have been mis-sold a plan, but they also don’t know how to go about putting matters right either,”

Mr Chokshi said: “We use our experience and knowledge to claim on your behalf to secure the maximum possible
compensation for you. We take on all the hard work for you, saving you the worry and hassle. We also work on a no-
win no-fee basis with absolutely no upfront charges, so you have nothing to lose by asking us to take a look at your
policies or investments and decide whether or not you have grounds to make a claim.

Persons who were single when sold a life policy or persons close to retirement or already retired sold risk-based
investments should contact us immediately as they could have a strong case for claiming compensation.

Successes include over £20,000 for Mr P who had policies and a pension mortgage with MI Group and Lincoln
Financial, £34,000 for Mr A sold various Abbey Life policies, £7,000 for Mrs B sold a Santander Bond and Ms O
who recovered over £14,000 for 2 mis-sold Lincoln Financial plans. We have many more examples.

Call us on 020 8220 6792 or FREEPHONE 0800 567 7702, email us at lifepolicyreclaim@live.co.uk or visit us at
www.lpreclaim.co.uk.
Life Policy Reclaim Ltd is authorised and regulated by the FCA (830239).

This is a sponsored article.

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